World Historical Income Statement
WRLD Stock | USD 121.70 3.61 3.06% |
Historical analysis of World Acceptance income statement accounts such as Interest Expense of 50.6 M, Other Operating Expenses of 498.7 M, Operating Income of 77.3 M or Ebit of 155 M can show how well World Acceptance performed in making a profits. Evaluating World Acceptance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of World Acceptance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining World Acceptance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether World Acceptance is a good buy for the upcoming year.
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About World Income Statement Analysis
World Acceptance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to World Acceptance shareholders. The income statement also shows World investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
World Acceptance Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of World Acceptance. It is also known as World Acceptance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of World Acceptance minus its cost of goods sold. It is profit before World Acceptance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on World Acceptance income statement and is an important metric when analyzing World Acceptance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from World Acceptance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into World Acceptance current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade World Stock refer to our How to Trade World Stock guide.At present, World Acceptance's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.2 M, whereas Operating Income is forecasted to decline to about 77.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 483.4M | 538.9M | 10.9M | 10.3M | Income Tax Expense | 11.7M | 5.9M | 22.1M | 25.2M |
World Acceptance income statement Correlations
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World Acceptance Account Relationship Matchups
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World Acceptance income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 25.9M | 25.7M | 33.4M | 50.5M | 48.2M | 50.6M | |
Other Operating Expenses | 528.4M | 388.4M | 443.3M | 342.1B | 525.0M | 498.7M | |
Operating Income | 35.9M | 111.4M | 105.7M | 77.6M | 151.6M | 77.3M | |
Ebit | 40.7M | (238.9M) | (372.7M) | (450.4M) | 147.6M | 155.0M | |
Ebitda | 40.9M | 149.5M | 110.7M | 88.5M | 158.5M | 82.3M | |
Total Operating Expenses | (528.4M) | (388.4M) | (443.3M) | 285.6B | 525.0M | 498.7M | |
Net Income | 28.2M | 88.3M | 53.9M | 21.2M | 77.3M | 48.2M | |
Income Tax Expense | 6.8M | 23.1M | 11.7M | 5.9M | 22.1M | 25.2M | |
Depreciation And Amortization | 206.3K | 388.4M | 483.4M | 538.9M | 10.9M | 10.3M | |
Selling General Administrative | 263.1M | 223.4M | 221.8M | 216.8M | 40.2M | 38.2M | |
Selling And Marketing Expenses | 24.3M | 17.2M | 18.3M | 6.1M | 9.9M | 11.4M | |
Total Revenue | 590.6M | 530.8M | 585.6M | 616.6M | 525.0M | 358.3M | |
Gross Profit | 408.9M | 444.6M | 399.4M | 357.1M | 562.3M | 590.4M | |
Income Before Tax | 34.9M | 111.4M | 65.6M | 27.1M | 99.4M | 77.8M | |
Total Other Income Expense Net | 34.9M | (34.0M) | (38.9M) | (49.7M) | (52.2M) | (54.9M) | |
Cost Of Revenue | 181.7M | 86.2M | 186.2M | 259.5M | (37.3M) | (35.5M) | |
Net Income Applicable To Common Shares | 28.2M | 88.3M | 53.9M | 21.2M | 24.4M | 23.2M | |
Net Income From Continuing Ops | 41.7M | 88.3M | 53.9M | 21.2M | 77.3M | 63.1M | |
Tax Provision | 6.8M | 23.1M | 11.7M | 5.9M | 22.1M | 23.1M | |
Net Interest Income | 482.4M | 425.4M | 452.2M | 457.9M | 420.3M | 359.9M | |
Interest Income | 508.3M | 451.1M | 485.7M | 508.3M | 468.5M | 528.2M | |
Reconciled Depreciation | 12.2M | 5.5M | 5.0M | 4.5M | 10.9M | 6.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether World Acceptance is a strong investment it is important to analyze World Acceptance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact World Acceptance's future performance. For an informed investment choice regarding World Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Acceptance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Acceptance. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.472 | Earnings Share 14.63 | Revenue Per Share 99.637 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0873 |
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.